<p>I’m doing it mainly to get a job. Anyone who tells you psychology is a good major doesn’t know any better. Psychology is more of a hobby major. I’ve chosen accounting because I enjoy working with numbers and the job outlook is amazing. Especially since I have several contacts at the big 4. The money isn’t the biggest draw cause you can make more plenty in many other professions.</p>
<p>Hi I’m a junior accounting major and have been reading about the raises pwc is handing out this week. I see their raises are based off of ratings, I’m assuming it would be the same for all big 4. What are the rating criteria, what do you do to get a high rating and what would you do that warrants a low one. Thanks for any info.</p>
<p>Have you ever taken an accounting class manic?</p>
<p>Have you ever had a job in accounting?</p>
<p>If getting a job is your only motivation this may not be the field for you!</p>
<p>acntmajor…</p>
<p>The raises and promotions are largely subjective at any institution. It isn’t based on pure performance. If they like you then you get a raise if they don’t you don’t.</p>
<p>ValleyAccount</p>
<p>Yes I was an accounting minor so I am a few classes short of a degree. I enjoyed psych a bit more but am only now realizing the worthlessness of it.</p>
<p>I learned this a few years ago while I was in junior college. The retail store I worked at had 2 people with Ba’s in psychology that worked as cashiers for 8$ an hour. Both were smart UC graduates that had large student loans and no realistic job possibilities. Basically in the short run <10 years attending a university had ruined their lives. University degrees are literally a dime a dozen right now. Only a select few like accounting, nursing, and engineering have good employment opportunities. 40 years ago only around 12% of the population had a BA or higher. Currently that figure is greater than 25%. In some areas it can be as high as 40% like in Washington DC.</p>
<p>In my opinion the purpose of a college degree is to prepare you for the workforce. Not to prepare you to put colorful stones in the modern art museum and call it “expressive” while pothead hippies psych themselves out looking at it.</p>
<p>I was wondering, is there a difference between a BBA and a BS in Accounting? Loyola Chicago has School of Business Administration Account. Is one better then the other?</p>
<p>A BBA in accounting and BS in accounting are pretty much the same. If your school offers both then the only difference I would see is that the BBA would have more business electives(finance,marketing etc). There would probably be some difference in the coursework, but overall they are the same.</p>
<p>so if i got a BBA in accounting would I be eligible for jobs that require an accounting degree?</p>
<p>Yes, you should be. I don’t see why you wouldn’t. Just be sure to fulfill the extra 30 units in order to sit for the CPA exam. That’s if you plan on taking it. I’m actually planning on getting a BBA in accounting too and get the extra credits to sit for the exam.</p>
<p>I plan on getting my CPA Eventually but can I actually get a job right out of college with my Accounting Degree? Also, would an Internship help my chances of getting a job right out of school? </p>
<p>For the CPA, since I need 150 credits is it better to just get a masters degree? Or is it better to just take the extra 30 credits at a community college?</p>
<p>batosaims, I don’t know if community college courses count towards the extra credit requirements. You might want to check with your State Board of Accountancy about this.</p>
<p>Moreover, I personally prefer the masters because you can get specialization such as MACC or forensic accounting or tax etc.</p>
<p>You could if you nail the interview. A major doesn’t guarantee a job. Having an internship could help as some company would offer you a full time job right after the internship, but this is not guaranteed. You can either do five years of undergrad, go for the MAcc or take community college classes or online classes. It all depends if money is an issue.</p>
<p>I don’t mind taking loans. I’m going to Loyola Chicago which is a private school. Once you get into the masters program its 3000 per course and its 12 courses, 1 year to finish. I’d probably be in about 70,000 debt with my undergrad and my graduate degree, but if a Masters in Acct is really worth it then I don’t mind.</p>
<p>That’s a lot of debt to pay off. I don’t want to encourage you to do it and may regret it. You won’t be having any financial aid during your undergrad? I’m not sure if a MAcc is worth it. Taxguy would probably have more depth into it. I plan on getting a MBA rather than a MAcc.</p>
<p>12 x 3,000 = $36,000 + living expenses = WAY TOO much for a macc
- undergrad loans = your really screwed</p>
<p>don’t do it man. i would never pay 36 K for 1 year of school in tuition and fees. bad deal, there are waay better deals out there. Don’t forget that living expenses add up alot. That could easily turn into 50K for that year. Is it really worth it?</p>
<p>Make sure that 70K includes living expenses as well for all your undergrad. </p>
<p>During my undergrad, my living expenses were more than my tuition-although my tuition was alot less than yours ;). </p>
<p>Even if you are not underestimating the amt of debt that you’ll have after 5 years (which it sounds like you are, unless you get lots of aid and/or are spending ridiculous amts of your parents’ money), I think 70 K is still way too much for an accounting degree (Masters or BA). But to each his own.</p>
<p>I would NOT incur 70K debt for a MACC alone, unless you have no other option. Even worse, it usually costs more than you budgeted for.</p>
<p>I don’t actually stay at school, I live at home. I have 2 more years of undergrad work to get my BBA Acct but I am getting Financial Aid for it, otherwise I could never afford to go to private school. Most of my Undergrad is paid for through grants and some loans.</p>
<p>It would be 36k for the MS in Accounting but I’m not even sure if you get Financial Aid for Graduate school. It actually does seem like alot</p>
<p>If I choose not to go for this MAcc, what are my other options to qualify for the Cpa?</p>
<p>There is no financial assistance for graduate school. You could stay another year for your undergrad.</p>
<p>If I wanted to go into Auditing, would a masters be better? Do you need a CPA to be an auditor or a staff auditor?</p>
<p>Also would a MAcc be a more viable option if it was in a Public University?</p>